Aston Martin Lagonda Global Holdings Plc shares rose after revenue surged in the second quarter on higher prices for its luxury cars, as the manufacturer continues work on returning to profit.
The company beat analyst expectations, but left its full-year guidance unchanged, saying it was on track to achieve its financial targets for 2024.
The carmaker’s sales climbed 23% to £381.5 million ($492 million) in the quarter ended June, driven by higher volumes and prices. It reported an operating loss of £42.3 million. The shares rose as much as 7.2% in early London trading.
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